The future of “Brains for Business” (SB324) and the Economic Development Act of 2010 (SB493) legislation is in doubt. As of this morning, neither bill has been placed on the West Virginia House of Delegates Finance Committee Agenda. The 2010 legislative session ends late Saturday, and time is running out to bring these critical measures forward. Both bills were passed by the Senate.
“Brains for Business” creates tax cuts for West Virginians the first two years following graduation from an accredited two-, four- or graduate institution of higher learning. The Economic Development Act of 2010 provides tax incentives for private investment in twenty-first century technologies that will create high value jobs and help West Virginia diversify its economy.
The Charleston Chamber believes these are the kind of bold policy measures needed to create jobs and opportunity and build a stronger future for the people of West Virginia.
Please contact Speaker of the House Richard Thompson and House Finance Chairman Harry White THIS MORNING and let them know how important these measures are to you, your family and your business.
Speaker of the House Richard Thompson:
Capitol Phone: (304) 340-3210
Business Phone: (304) 522-8699
House Finance Chair Harry White:
Capitol Phone: (304) 340-3230
Business Phone: (304) 664-3535
Click here to join Brains for Business Facebook page.